Search results

Am I full of BS, or am I making decisions you as a more experienced trader wouldn't? BS is someone making predictions without sound basis... would you seriously say it's BS to fade a 20-point gap against the ES average on good, but not great news day? Regardless, I value your opinion and...

If it wasn't so high, I wouldn't be this confident... but I am... and like I said, I don't think I'll have to. If I'm wrong, look for the public roasting as my red eyes cry over my balance sheet ;-)

There are a couple of things working against a rise above 1078.00 in my mind... First, the 50-day SMA... the news wasn't that good. I've seen this several times before on ok news days... $SPX is going to peg against the 50-day for a while and pull back... the question of course is where...

I went short at 1075.25... in fact, I'm all in on that short... no stop... call me suicidal, but sometimes you just know.

tlow, Are you in the market today? Relatively strong volume... and we just took a huge elevator ride to the top... ideal time to go short IMHO...

Picaso, thank you for the good word, most appreciated! You aren't kidding about NoDoji and her price prowess... one lesson over the weekend, and I just had my 2nd-best morning ever... I think I captured 80% of the price action before noon... all due to those little tips in the pdf... and I...

Actually I trade on WinXP... I get my linux fix operating a debian file and web server next to my TV... I used to try to do everything in linux back when win95 pretty much crashed every 4 hours, but honestly XP is good enough for me... mostly runs for days and I don't have to think about it...

Hey, cool! Another linux-head like myself... :cool: Perhaps I'm baring my underlying disdain for java, but my experience has been: 1. I have got a ToS acct, and occasionally listen to their presentations on trading option spreads... In my opinion, ToS is more focused on marketing than...

tlow, NoDoji, et al... This is the guide with corrections from NoDoji... please let me know if you find errors or more omissions. Cheers, \gg

Hi tlow, I'm posting a summary of NoDoji's analysis of last Friday's price action... I haven't been able to get an official review yet, but I'm sure we'll get a correction if necessary.

Is it a built-in SC study, or do you need to use a worksheet / ASCIL?

Hey tlow, just got finished working through all that w/ NoDoji... I'm going to write up a pdf and PM you so we can discuss... it may take a couple of days to put it together, because there were a lot of dynamics in play...

Dumb question... what does b/e stand for? Buy-entry??? My experience is usually that I sell off during a jog against my position, it peaks out the opposite direction some time later (but at this point, I'm not sure whether it's a true reversal, pause, or beginning of retrend)... and then...

Thank you, this is very helpful feedback... while I normally use 2.5m charts for a tactical market view, I definitely see your point...

NoDoji is correct, below... maybe there is a bit of a mismatch in trading styles that we're in... I follow the trend, herd, stampede, whatever... and while your price target exit may be safer, my investing goal (which is certainly aggressive) is to capture much more of the daily movement than I...

Let's talk about the text of the bill... I believe it is this one... S. 3480 http://thomas.loc.gov/cgi-bin/query/z?c111:S.3480: I haven't read this whole bill yet, but after skimming it for 20 minutes I honestly have to say I'm not as tinfoil about this as some seem to be... While I...

Hey fishin' I am pretty much a newb here at ET, and maybe I'll get schooled for saying this, but I was trading ES Friday... the downswing at 10am was brutal, and it came right as Bernanke's remarks were finished with the press-release embargo... I saw the prices heading down the toilet and...

I'm in the Dallas area, mostly trade ES-based ETFs... looking to meet other Dallas guys if y'all are still hooking up... PM me with info

We won't know how ES will gap until Monday morning, US time... the ES ETF I trade climbed a little after the close Friday night, but that's pretty normal when the market closes on an upswing... the bigger after-close directional changes tend to happen after 7pm ET or in the early morning...